Question to the Department for Energy Security & Net Zero:
To ask the Secretary of State for Energy Security and Net Zero, what steps her Department is taking to increase the amount of energy produced by offshore wind.
In November 2023, the Government published core parameters for the sixth Contracts for Difference Allocation Round (AR6), the Government’s flagship renewable energy scheme. The Administrative Strike Price for offshore wind projects in AR6 has increased 66% since the previous CfD round and by 52% for floating offshore wind projects. This will encourage greater investment into UK offshore wind.
In the Autumn Statement, the Government announced the £960 million Green Industries Growth Accelerator to support clean energy manufacturing capacity, including for offshore wind. Additionally, the Floating Offshore Wind Manufacturing Investment Scheme will provide up to £160m to kickstart investment into port infrastructure.